LaserMotive Changes Name to PowerLight, Names Three New Advisors

LaserMotive Changes Name to PowerLight, Names Three New Advisors

Underscores transition to commercialize its Optical Beaming Technology for industry sectors including UAVs, Communications/Telecom, Disaster Response, Border Safety, etc.

 

SEATTLE, WA, November XX, 2017—LaserMotive, a pioneer in the development of optical beaming technology that uses high-intensity light to transfer kilowatts of power wirelessly through free-space or via optical fiber for air, ground and undersea applications, today announces a corporate name change to PowerLight. The name-change underscores the company’s transition to commercialize its patented optical beaming technology for industry sectors including UAVs, Communications/Telecom, Disaster Response, and Border Safety.

 

The company also announces three new advisors, Barrie Graham, a senior advisor at WR Hambrecht+Co; James Judson, the well known telecom industry executive and venture capitalist who co-founded Eagle River Investments; and Kent Williams, an investment advisor with Vista Asset Management LLC with strong expertise across automotive, battery, life science, intellectual property and alternative energy sectors.

 

PowerLight optical power beaming technology converts kilowatts of electricity into high-intensity light. It then shapes, directs and beams this light to a specialized solar cell receiver that converts the light back into DC power. Through the beam, power can travel over long distances, at high altitudes and in the deep sea—maintaining uptime, from near and far.

 

Founded in 2007, PowerLight is the first and only company to demonstrate the transfer of 300 watts over 1 kilometer, and transversely can have power out the other side. PowerLight has set three world records for beaming power over light, has won two NASA government awards, and advanced five generations of technology systems. For the military—which plays an important role in product and use-case validation, PowerLight technology has provided an alternative system for delivering power to unmanned assets in the air, on the ground and underwater.

 

About PowerLight

PowerLight is a pioneer is the developers of patented optical beaming technology that uses high-intensity light to transfer kilowatts of power wirelessly through free-space or via optical fiber for air, ground and undersea applications—making it ideal for industries including UAVs, Communications/Telecom, Disaster Response, and Border Safety. PowerLight technology provides more flexibility of use and longer asset operation than generators, small engines and batteries, by eliminating service interruptions, battery charging and exhaustion, and copper wire limitations. Founded in 2007, PowerLight is the first and only company to demonstrate the transfer of 300 watts over 1 kilometer, and transversely can have power out the other side.

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